NOT LISTED FOR SALE

8506 Leake Ave Baton Rouge, LA 70810

Estimated Value: $283,741 - $293,000

1 Bed
8 Baths
4,200 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 03, 2022

Current estimated payment $1,744/month

195 Days on Market

About This Home

As of January 2022

Well maintained fully leased fourplex apartment building. Unit mix is four 2 bed 2 bath apartments. Owner pays water/sewer. Roof is in need of replacement. Rents are: $650 $650 $650 $600

Last Agent to Sell the Property

David Vercher

KW Commercial Baton Rouge License #0000070595 Listed on: 05/06/2021

KW Commercial Baton Rouge

Last Buyer's Agent

Tim Houk

Keller Williams Realty Red Stick Partners License #0000075454

Keller Williams Realty Red Stick Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,884

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 81x125

Parking

  • 10 Parking Spaces

Home Design

  • 4,200 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Electric Dryer Hookup
  • Central Heating and Cooling System

Community Details

  • Gardere Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,884

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior: Electric Dryer Con., Electric Stove Con.
  • Kitchen Features: Refrigerator
  • Estimated Total Sq Ft: 4200
  • List Price T Sq Ft: 58.333333
  • Price Per Sq Ft: 58.33
  • Source Sq Ft: OWNER

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Brick Siding

Garage/Parking

  • Tot Park Spcs: 10

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat, Electric Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 4

Lot Info

  • Lot Number: 21
  • Acres: 0.23
  • Estimated Age: 41-50 Years
  • Lot Dimensions: 81x125
  • Mineral Rights: NEGOTIABLE

Multi Family

  • Heat Units: 4
  • Indiv Metered: Yes
  • Units: 4

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jan 3, 2022
Sold by
Kahl Properties Llc
Bought by
Paul Jimmie and Paul Talita
Seller's Agent
David Vercher
KW Commercial Baton Rouge
Buyer's Agent
Tim Houk
Keller Williams Realty Red Stick Partners
List Price
$265,000
Current Estimated Value
$287,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$245,000
Outstanding Balance
$225,620
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$61,565

Purchase Details

Closed on
Dec 11, 2018
Sold by
Kahl John I and Kahl Quinn Z
Bought by
Kahl Properties Llc

Purchase Details

Listed on
Jun 23, 2018
Closed on
Sep 18, 2018
Sold by
Pleiffer Development Llc
Bought by
Kahl John L and Kahl Quinn Z
Seller's Agent
David Vercher
KW Commercial Baton Rouge
Buyer's Agent
David Vercher
KW Commercial Baton Rouge
List Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$122,487
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009
Sold by
Gmac Mortgage
Bought by
Pfeiffer Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Strategy Finc'L Corp
Bought by
Bonk Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Caruso Steven C
Bought by
Bulcha Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paul Jimmie $245,000 Le Fleur De Lis Title Co
Kahl Properties Llc -- None Available
Kahl John L $163,316 Baton Rouge Title Co Inc
Pfeiffer Development $39,900 --
Bonk Frances J $270,000 --
Bulcha Nancy A $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Jimmie $245,000
Previous Owner Kahl John L $122,487
Previous Owner Pfeiffer Development $150,000
Previous Owner Bonk Frances J $188,000
Previous Owner Bulcha Nancy A $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2022 01/03/22 Sold -- -- --
11/17/2021 11/17/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $245,000 -5.8% $58 / Sq Ft
08/26/2021 08/26/21 Price Changed $260,000 -1.9% $62 / Sq Ft
08/13/2021 08/13/21 For Sale $265,000 0.0% $63 / Sq Ft
08/13/2021 08/13/21 Price Changed $265,000 +12.8% $63 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $235,000 +42.4% $56 / Sq Ft
09/17/2018 09/17/18 Sold -- -- -- View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $165,000 -- $43 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,884 $23,300 $2,500 $20,800
2023 $2,884 $23,300 $2,500 $20,800
2022 $2,828 $23,300 $2,500 $20,800
2021 $2,070 $17,070 $1,100 $15,970
2020 $2,051 $17,070 $1,100 $15,970
2019 $1,950 $15,520 $1,000 $14,520
2018 $1,202 $9,250 $1,000 $8,250
2017 $1,202 $9,250 $1,000 $8,250
2016 $1,174 $9,250 $1,000 $8,250
2015 $1,145 $9,000 $1,000 $8,000
2014 $1,122 $9,000 $1,000 $8,000
2013 -- $9,000 $1,000 $8,000
Source: Public Records

Agents Affiliated with this Home

  • David Vercher

    Seller's Agent in 2022

    David Vercher

    KW Commercial Baton Rouge

    (225) 768-1814

    6 in this area

    72 Total Sales

    David Vercher
    Section Image
  • Tim Houk

    Buyer's Agent in 2022

    Tim Houk

    Keller Williams Realty Red Stick Partners

    (225) 301-7467

    10 in this area

    505 Total Sales

    Tim Houk
    Section Image
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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2021007297

Greater Baton Rouge Association of REALTORS®

APN: 01042963

Louisiana E Baton Rouge Parish Baton Rouge 70810

8506 Leake Ave, Baton Rouge, LA

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